OPENING OF BANKRUPTCY

PARTRANSA

Financial year 2018 · closed on 31/12/2018
Net result
27,4 k €
-62.6% YoY
Revenue
3,7 M €
-12.7% YoY
Equity
1,5 M €
+1.8% YoY
Workforce
27,6 ETP
-7.7% YoY

Company — Opening of bankruptcy.

What does PARTRANSA do?

PARTRANSA is a Public limited company incorporated in 1985. Its main activity is: Freight transport by road. Its registered office is in Tienen. It employs on average 27,6 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0427.903.028
Incorporation
11/10/1985
Legal form
Public limited company
Registered office
Hamelendreef 70
3300 Tienen · FlandreSee on map
Latest accounts
31/12/2018
Average workforce
27,6 ETP
Joint committees (3)
  • 140
  • 14003
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20182017201620142013201220112010200920082007
Income statement
Revenue3,7 M €4,2 M €28,2 M €14,3 M €12,6 M €15,1 M €15,2 M €14,8 M €14 M €17,2 M €
EBITDA564,2 k €843 k €2,5 M €1,3 M €1,4 M €1,3 M €1,8 M €1,7 M €2,1 M €1,2 M €31,5 k €
Operating result207,9 k €291,8 k €813,6 k €218,3 k €287 k €321,9 k €611 k €321,3 k €541 k €-287,1 k €-885,2 k €
Net result27,4 k €73,4 k €202,8 k €19,9 k €70,7 k €58,8 k €21,9 k €80,3 k €23,6 k €-587,5 k €-1,9 M €
Balance sheet
Equity1,5 M €1,5 M €1,4 M €2,1 M €2 M €1,8 M €1,9 M €939,3 k €932,8 k €1,1 M €2,1 M €
Total assets9,3 M €8,4 M €9,8 M €11,8 M €11,3 M €10,4 M €12 M €11,2 M €9,8 M €10,5 M €9,8 M €
Cash3,7 k €3,5 k €5,1 k €13,9 k €68,4 k €124,8 k €84,6 k €66,3 k €92,6 k €167,8 k €634,8 k €
Debts7,7 M €6,9 M €8,3 M €9,7 M €9,2 M €8,6 M €10 M €10,3 M €8,8 M €9,3 M €7,7 M €
Other
Workforce27,6 ETP29,9 ETP35,5 ETP34,3 ETP34,6 ETP44,3 ETP61,5 ETP62,6 ETP56,5 ETP65,9 ETP12,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2018 · 3 active · 17 ended

Active mandates

Carl Saelens

Director

Active
Karl Hanssens

Director

Active
Rudi Saelens

Managing director

Active

Ended mandates

ROLA-INVEST

Director · since 30 décembre 2016 · until 21 juin 2019 · 0448.403.086

Represented by Renier Hoedemakers

Ended
Willem Demasure

Director · since 30 décembre 2016 · until 21 juin 2019

Ended
Carl Saelens

Director · since 17 mai 2013 · until 17 mai 2019

Ended
Karl Hanssens

Director · since 17 mai 2013 · until 17 mai 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
0668.830.539
Annual accounts

Full financial information

201820172016201420132012
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201831/12/201601/01/201501/01/201401/01/201301/01/2012
Closing of the financial year31/12/201831/12/201730/12/201631/12/201431/12/201331/12/2012
Length of the financial year12 months13 months24 months12 months12 months12 months
Filing date31/08/201918/07/201827/06/201730/07/201526/08/201430/09/2013
General meeting21/06/201915/06/201816/06/201727/07/201530/06/201427/09/2013
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201821/06/201931/08/2019DutchPDF
Full model31/12/201715/06/201818/07/2018DutchPDF
Full model30/12/201616/06/201727/06/2017DutchPDF
Full model31/12/201427/07/201530/07/2015DutchPDF
Full model31/12/201330/06/201426/08/2014DutchPDF
Full model31/12/201227/09/201330/09/2013DutchPDF
Full model31/12/201130/06/201231/07/2012DutchPDF
Full modelCorrection31/12/201019/09/201127/01/2012DutchPDF
Full model31/12/201019/09/201107/12/2011DutchPDF
Full model31/12/200904/06/201024/08/2010DutchPDF
Full model31/12/200808/10/200909/12/2009DutchPDF
Abridged model31/12/200805/06/200905/08/2009DutchPDF
Abridged model31/12/200706/06/200828/08/2008DutchPDF
Abridged model31/12/200601/06/200726/06/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2018 · 3 active · 17 ended

Active mandates

Carl Saelens

Director

Active
Karl Hanssens

Director

Active
Rudi Saelens

Managing director

Active

Ended mandates

ROLA-INVEST

Director · since 30 décembre 2016 · until 21 juin 2019 · 0448.403.086

Represented by Renier Hoedemakers

Ended
Willem Demasure

Director · since 30 décembre 2016 · until 21 juin 2019

Ended
Carl Saelens

Director · since 17 mai 2013 · until 17 mai 2019

Ended
Karl Hanssens

Director · since 17 mai 2013 · until 17 mai 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/01/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/11/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other12/01/2016
    BOEKJAAR
    PDF
  • Mandates13/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2014
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2018
    Annual accounts 201827,4 k €
  2. 2017
    Annual accounts 201773,4 k €
  3. 2016
    Annual accounts 2016202,8 k €
  4. 2014
    Annual accounts 201419,9 k €
  5. 2013
    Annual accounts 201370,7 k €
  6. 2012
    Annual accounts 201258,8 k €
  7. 2011
    Annual accounts 201121,9 k €
  8. 2010
    Annual accounts 201080,3 k €
  9. 2009
    Annual accounts 200923,6 k €
  10. 2008
    Annual accounts 2008-587,5 k €
  11. 2007
    Annual accounts 2007-1,9 M €
  12. 11/10/1985
    IncorporationPublic limited company